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Location: Synchronous, IA
- Sponsor:
- Iowa Chapter
- Contact:
- Ms. Gehring
- Phone:
- (515)419-6076
- Email:
- proappraisalinc@gmail.com
- Name:
- IOWA
- Instructors:
- Alan Hummel, SRA
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Continuing Education
Class Time: 7 hours
Exam Hours: N/A
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This class is being offered "Synchronous", viewed via your desktop or laptop computer. It will be taught live in person in Urbandale. Your computer/laptop must have a camera in order for you to sign up and receive instruction in this manner. IF you are wanting to take this class in the classroom and not on your computer, please use the other sign-up link with the location of Urbandale. NEW SEMINAR!
As the world changes, so do processes and methods used in many businesses including the appraisal profession. While alternative appraisal services like bifurcated, hybrid, and desktop appraisals and evaluations aren’t new, they are becoming more popular. Many appraisers are uncertain about the general requirements of each service, how appraisal standards might apply, and how these services might create liability. This seminar will provide more clarity about the different services being requested and help you to decide if these services are for you. It will review the expectations of alternative appraisal services, potential uses, appraisal standard implications, scope of work, and liability concerns as it applies to residential and commercial assignments. And it will review evaluation formats and the business opportunities for them. Objectives:
Describe desktop appraisals, such as bifurcated and hybrid, and learn how and when they are used.
•Discover how real estate collateral is used inside federally regulated banks and financial institutions.
•Review the significant Federal and State laws governing all valuations — appraisals and evaluations — used for loan originations, modifications, and other subsequent transactions.
•Identify appraisal standards, Interagency Guidelines, lender requirements, and state law requirements for credentialed appraisers.
•Recognize the development and reporting differences that differentiate appraisals from evaluations and desktop valuation services.
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Cancellation Policy Cancellation Fees: · Up to 14 days prior to the program start date, $50 cancel fee · 8-13 days prior to the program start date, $200 cancel fee · 7 days or less prior to the program start date, no refund will be provided
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Class Sessions: 8:30 A.M. to 12:00 P.M. (Lunch Time) 1.00 P.M. to 5:00 P.M.
Continue Education Credit: Continue Education Credit: Seven (7) hours of continuing education credits have been APPROVED for license and appraisal certification renewal for Iowa (7) hours of continuing education credits have been APPROVED for Illinois. (7) hours APPROVED for Realtors by the Iowa Real Estate Commission, (7) hours of continuing education credits have been APPLIED for by the Iowa Department of Revenue for assessors. This class is NOT guaranteed to be approved in any other states other than Illinois and Iowa. Please check with your individual state for CE approval. If I can help assist you with approval, please contact me. This class is approved in many states, so please check.
Attendance: The Appraisal Institute enforces attendance requirements mandated by State licensing and certification regulatory agencies. The Iowa Chapter enforces the attendance requirements as mandated by the State of Iowa and the AQB. There is a 100% attendance policy. Don't be late or leave early.
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Registration is on a first-come, first-served basis. If the program is filled, e-mail iachap@yahoo.com to be placed on a waiting list. If you have a disability and require accommodation, please e-mail iachap@yahoo.com at least two weeks in advance for reasonable accommodations to be arranged. This class is NOT guaranteed to be approved in any other states other than Illinois and Iowa. Please check with your individual state for CE approval.
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Livestream Education Exception Please note that not all states have approved Livestream education, therefore, registrants MUST CHECK their individual states for approval BEFORE registering for the Program. Before registering for the Program, registrants understand and agree that continuing education credit for this program MAY NOT be available in their state on the date of the Program. The Appraisal Institute is not responsible if credit is not available for the Program in individual states. Please note: State exceptions for livestream education may expire PRIOR to the offering date. State Credit Please note that 100% attendance is required in order to receive any approved state credit or to be awarded AI CE points. It is imperative that you check with your state board for state approval information before completing registration. Other Information If you have a disability and require accommodation, please notify the sponsor at least two weeks in advance for reasonable accommodations to be arranged. The Appraisal Institute reserves the rights to cancel, limit, or reschedule the program and to change instructor assignments and facility locations at any time.
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